BIP Alliance LLC Takes Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

BIP Alliance LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 4th quarter, HoldingsChannel reports. The firm purchased 21,268 shares of the company’s stock, valued at approximately $1,030,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 0.4% of BIP Alliance LLC’s portfolio, making the stock its 23rd largest holding.

Other hedge funds have also made changes to their positions in the company. 10Elms LLP bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter worth $39,000. VSM Wealth Advisory LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at $47,000. Rialto Wealth Management LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $58,000. Murphy & Mullick Capital Management Corp bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $67,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,525 shares of the company’s stock worth $74,000 after acquiring an additional 235 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.1%

Shares of NASDAQ:VTIP opened at $49.91 on Friday. The company’s 50-day moving average price is $49.83 and its 200 day moving average price is $49.22. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.04 and a fifty-two week high of $50.29.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.0978 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $0.39 annualized dividend and a dividend yield of 0.78%.

Vanguard Short-Term Inflation-Protected Securities ETF Company Profile

The Vanguard Short-Term Inflation-Protected Securities Index Fund (VTIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of US Treasury Inflation-Protected Securities (TIPS) with less than 5 years remaining to maturity. VTIP was launched on Oct 12, 2012 and is managed by Vanguard.